Distress 2-Bedroom Corner Apartment in Pier Point, Mina Rashid Dubai

Waterfront 2BR Corner Unit with Partial Marina View in Pier Point by Emaar

This distress deal 2-bedroom apartment for sale in Pier Point at Mina Rashid, Dubai offers a rare chance to secure a prime corner unit in Emaar’s Rashid Yachts & Marina master community at around 16% below original price.[web:31][web:35][web:38][web:39][web:42] With approximately 1,285 sq.ft of built-up area, a mid-floor position, partial marina view, two balconies and two parking spaces, this off-plan apartment is ideal for buyers looking for strong capital appreciation and long-term waterfront lifestyle potential.

Property Highlights

• Project: Pier Point by Emaar Properties at Rashid Yachts & Marina (Mina Rashid)
• Type: 2-bedroom apartment (corner unit)
• Approx. size: 1,285 sq.ft (within typical 2BR range 1,213–1,373 sq.ft published for Pier Point)[web:31][web:33][web:35][web:38]
• Floor: Mid floor, corner layout for better light and privacy
• View: Partial marina view towards Rashid Yachts & Marina waterfront
• Outdoor space: 2 balconies
• Parking: 2 parking spaces
• Status: Off-plan, under construction
• Handover: Q4 2028 (October 2028 guidance)[web:31][web:35][web:36][web:38][web:42][web:45]
• Developer: Emaar Properties
• Original price + DLD: AED 3,041,000 (reference from seller)
• Distress price: AED 2,450,000 (approx. 16% below original price)
• Ownership: Freehold for all nationalities

About Pier Point by Emaar

Pier Point is a premium waterfront development by Emaar Properties within Rashid Yachts & Marina, also known as Mina Rashid, combining low- to mid-rise buildings with modern architecture and direct access to Dubai’s historic port district.[web:31][web:32][web:34][web:35][web:38][web:42][web:45] The project offers a curated mix of 1, 2 and 3-bedroom apartments as well as 3-bedroom townhouses, designed with floor-to-ceiling windows, efficient layouts and access to a world-class marina lifestyle.

Community & Lifestyle

• Located in Rashid Yachts & Marina (Mina Rashid), one of Dubai’s emerging waterfront lifestyle destinations
• Inspired by European marina and French Riviera-style promenades, with cafes, boutiques and waterfront dining options nearby[web:38][web:40][web:43]
• Access to marina facilities, yacht berths, canal pool features and landscaped waterfront parks[web:38][web:40][web:42]
• Appeals to end-users and investors seeking a coastal lifestyle close to old Dubai, DIFC and Downtown Dubai

Amenities

• Modern swimming pool with sun deck
• Fully equipped gym and fitness facilities[web:31][web:38][web:42]
• Landscaped podium and green spaces
• Children’s play areas
• Multi-purpose rooms and lounge spaces (project-level)
• Retail, cafes and promenade access within Rashid Yachts & Marina
• 24-hour security and building management

Layout & Floor Plan

This 2-bedroom corner apartment in Pier Point offers an efficient layout with two bedrooms, a living and dining area, fitted kitchen, two balconies and two parking spaces, consistent with Emaar’s typical 2BR configurations at Mina Rashid.[web:31][web:33][web:35][web:38][web:42] A detailed floor plan for this specific 2-bedroom corner unit in Pier Point at Mina Rashid, including exact internal size, stack, orientation and balcony positions, is available on request.

Payment & Handover

Pier Point is sold on an off-plan basis with an 80/20-style payment structure promoted across the project, featuring a down payment on booking, staged payments during construction and a final payment on completion.[web:31][web:35][web:36][web:38][web:42][web:45] For this distress resale at AED 2,450,000, the remaining developer installments, exact paid amounts and buyer’s Dubai Land Department fees can be summarized in a detailed cost sheet available on request.

Location & Connectivity

• Community: Rashid Yachts & Marina (Mina Rashid), Dubai
• Developer: Emaar Properties
• Approx. 15–20 minutes’ drive to Downtown Dubai and DIFC via Sheikh Rashid Road and key arterial routes[web:38][web:40][web:43][web:45]
• Approx. 15–20 minutes’ drive to Dubai International Airport, depending on traffic[web:38][web:40]
• Close to historical districts like Bur Dubai and Deira as well as Dubai Maritime City
• Part of a larger waterfront master plan with promenades, retail, hotels and entertainment

Why Invest in Pier Point, Mina Rashid

• Waterfront address within Rashid Yachts & Marina, one of Dubai’s most anticipated coastal master communities[web:35][web:38][web:40][web:42][web:45]
• Developed by Emaar, a leading Dubai master developer with a strong delivery track record
• Q4 2028 handover gives time for capital growth as the wider master plan matures[web:31][web:35][web:36][web:38][web:42][web:45]
• Distress price approximately 16% below original price + DLD, providing an immediate value edge compared to launch pricing
• 2-bedroom corner layout with partial marina view, two balconies and two parking spaces – highly attractive for end-users and tenants
• Located in a low- to mid-rise waterfront cluster, potentially less dense than inner-city towers

Frequently Asked Questions (FAQs)